$JSEJBL - Jubilee: The Breakout
See link below for previous analysis.
Jubilee did not waste time breaking out of the falling wedge since the last analysis.
Volume has been good on the breakout and for the first time since March 2020, we have a 12/26WEMA cross buy-signal.
The longer the stock stays above the resistance line, the greater will be my conviction that a bottom is in at 109 cps.
Buy the dips above 109 cps.
Jubilee did not waste time breaking out of the falling wedge since the last analysis.
Volume has been good on the breakout and for the first time since March 2020, we have a 12/26WEMA cross buy-signal.
The longer the stock stays above the resistance line, the greater will be my conviction that a bottom is in at 109 cps.
Buy the dips above 109 cps.
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